It "glitched." The New York Stock Exchange's computer system...freaked out. Froze. And on the same day as an airline's system choked, too.
...Instant OMG, with everyone from the Russians to the President to blame. "Vast right-wing conspiracy" -- ey, Mrs. Clinton? -- didn't get drug in, but give the fringes time; the Chinese certainly did, 'cos what's more fun than to cripple the number one market for your mass-produced junk?
While I have come to approve of the long-standing American tradition (it starts with POTUS #1) of suspecting the Chief Executive of being a sinister spider at the center of a vast and nefarious web of conspiratorial intrigue, I suspect we generally tend to over-estimate the competence of Presidents. Oh, they may well all be just as wicked as their opponents claim, especially the last half-dozen -- it's ability they lack, or they'd all be living like Bond villains long before they got offered the apartment over the shop at 1600 Pennsylvania Avenue.
Other actors -- Anonymous would have signed their work (anonymously, of course), 4chan only wish they could manage such a stunt and the various sousveillance troupes would have had a lot more fun with it. Mr. Putin's government? Maybe -- maybe -- they could, but what's in it for them? Follow the money, and-- Nobody profited. "Trial run," some mutter, but with cyberweaponry, you don't tip your hand that way: revealing an exploitable vulnerability is the exact equivalent to putting in a request to have it fixed, only with a higher priority.*
Nope, I think what we have here are plain old "oops" type failures, writ large -- ill-considered software updates, hardware failures, whatever. When you have very complex systems, which is where we're at, the potential for crashes goes up; and every so often, you get a black swan event -- or, worse, a blue moon: a cascading failure or an unexpected single point of failure takes a linked system right down.
Boilers still sometimes explode, even with all the safety valves and cut-outs and overpressure alarms. You don't notice it; there aren't so many around, the technology is very mature so booms are less and less frequent and there is plenty of redundancy. Computers and computer networks are considerably more common than and about as advanced as steam boilers were a century ago -- and sometimes, despite all efforts to prevent it happening, they crash.
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* Those of us with enough gray in our hair remember when That's How It Was Done: when computers were big time-shared mainframes slightly dumber than the smartphone in your pocket, crashing the system was sometimes the only way to get problems fixed and a clever console op would offer forgiveness for confessors.
Update
6 days ago
9 comments:
Even as much as I was twitching yesterday (some kind of Big Bad happening to the stock market and most investments evaporating would mean I'd never get to retire, ever, and would have to work until I died), your title still made me laugh.
Wall Street BSOD? Hopefully not.
Maybe it is as you say. But to quote Auric Goldfinger (since we're talking about supervillans) "Once is happenstance, twice is coincidence, three times is enemy action."
It's not even the first time the NYSE has had computer problems. And don't forget the New Horizon probe. It had some kind of race condition that locked it up for an hour or so. Programming well isn't easy.
Speaking of computers glitching... Chrome on Android seems to like to post multiple times.
I worry less about the software running the stock market than I worry about the electrical grid. Security by obscurity is plan. Right?
The software running the electrical grid isn't the problem. The electrical grid is the problem.
Places like California have decided that they don't need to build new generating capacity. They can just buy it from Arizona or wherever. Of course up to a point that works, but the physics doesn't support all of their "ideas." I would guess that MASS is in similar straights. There was a group of suburbs north of Chicago that had electrical reliability about like what you see in Baghdad a few years ago. The utility got hammered and I think things got straightened out....
Being on the CS end of IT, I see how poorly many of the systems on which we rely on a daily basis, are designed. I often think it won't be someone intentionally bringing the system(s) down, it will be poor IT planning and infrastructure maintenance.
Kerry
I work for a company whose unofficial motto may as well be "5 nines is a just another day at the office." This is done by a LOT of extensive and expensive redundancy, and by swimming like the proverbial duck - all smooth as silk above the waterline, and paddling like mad where nobody can see.
And we still have noticeable outages. (Motto is unofficial, after all). Stuff happens.
Follow the money? NASDAQ did it.
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